Business Wire - June 11, 2002
Biokeys Pharmaceuticals Inc. is a biopharmaceutical research and development company whose business strategy is to commercialize leading edge medical research through licensing agreements with prominent universities and research institutions. The Company focuses its energy in cancer and antiviral research to launch products that either extend the usefulness of current therapies or replace marginal therapies with new approaches to treatment. The Company's lead compound, CoFactor(TM), is a chemotherapy biomodulator designed to be used in conjunction with 5-FU, the world's most frequently used cancer drug. CoFactor is being readied to enter Phase II/III human clinical trials in the U.S. and Europe. In the pipeline is BlockAideCR(TM), a representative of the new "fourth modality" of HIV therapeutics that work by blocking viral entry and infection of human immune system cells. Also in development is EradicAide(TM), a cell mediated, antibody-negative immunotherapeutic/vaccine for HIV Infection/AIDS. In primate trials, EradicAide has shown the ability to reduce HIV viral loads to undetectable levels, reduce HIV transmissibility and delay progression to AIDS.
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements are made based on management's current expectations and beliefs. Actual results may vary from those currently anticipated based upon a number of factors, including uncertainties inherent in the drug development process, the timing and success of clinical trials and the receipt of necessary approvals from the United States Food and Drug Administration. The Company undertakes no obligation to release publicly any revisions, which may be made to reflect events or circumstances after the date hereof.
CONTACT: Biokeys Pharmaceuticals Inc. Warren C. Lau, 281/272-0000 Fax: 281/272-1149 biokeys2@airmail.net
SOURCE: Biokeys Pharmaceuticals Inc.
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